欧洲天然气价格大幅上涨，伊朗与阿曼就重新开放霍尔木兹海峡展开磋商，但交易员并不相信协议能迅速恢复全球液化天然气运输。

European natural gas prices have risen sharply. Iran and Oman are negotiating to reopen the Strait of Hormuz. However, traders do not believe that the agreement will quickly restore global liquefied natural gas transportation.

欧洲基准天然气期货周一一度上涨逾10%。周末，伊朗表示协议“已非常接近”，但同时暗示，即使达成协议，霍尔木兹海峡也不会立即重新开放。这给市场原本期待LNG运输迅速恢复的乐观情绪降温，而欧洲正需要这些供应来补充天然气库存。

European benchmark natural gas futures rose by more than 10% on Monday. Over the weekend, Iran said the deal was "very close", but at the same time hinted that even if the agreement was reached, the Strait of Hormuz would not reopen immediately. This dampened the market's previously optimistic expectations for the rapid resumption of LNG transportation, as Europe needs these supplies to replenish its natural gas stocks.

美国总统唐纳德·特朗普示意，他准备让经济压力继续对伊朗发挥作用，而不是发动新一轮军事打击来迫使伊朗重新开放海峡。这一表态意味着特朗普的立场有所转变，此前他曾多次威胁要升级对伊朗的轰炸行动。

US President Donald Trump indicated that he intends to allow economic pressure to continue to have an effect on Iran, rather than launching a new round of military strikes to force Iran to reopen the strait. This statement implies a change in Trump's stance, as he had previously threatened to escalate the bombing campaign against Iran on multiple occasions.

交易员还在关注挪威Ormen Lange气田长期减产带来的影响。挪威是欧洲最大的管道天然气供应国，任何供应中断都可能加剧天然气价格波动。

Traders are still monitoring the impact of the long-term production cut at the Ormen Lange gas field in Norway. Norway is the largest pipeline natural gas supplier in Europe, and any supply disruption could exacerbate fluctuations in natural gas prices.

欧洲天然气价格基准荷兰近月期货周一上涨，截至阿姆斯特丹时间下午6时02分报每兆瓦时61.24欧元。美国天然气期货也大幅走高，创两个多月来最大涨幅。天气预报出现异常剧烈的变化，引发基金经理大举回补空头头寸。此前，这些资金管理机构对天然气的看空程度已达到2020年以来最高水平。

The benchmark European gas price in the Netherlands rose on Monday, with the near-month futures contract closing at 61.24 euros per megawatt-hour at 6:02 p.m. Amsterdam time. U.S. gas futures also saw a significant increase, reaching the largest gain in more than two months. Abnormally intense changes in the weather forecast triggered fund managers to heavily cover their short positions. Previously, these fund management institutions had been bearish on gas to the extent that it reached the highest level since 2020.